Navient, NelNet and Great Lakes are servicers of federal figuratively speaking. This means that the re re re payments to those servicers may count toward your payment responsibilities for PSLF or for forgiveness through income-driven payment.
But, you’ll want to make sure the loans you have got with one of these providers would be the precise loans that qualify beneath the particular forgiveness system, and therefore you otherwise be eligible for a forgiveness. For instance, for PSLF, just Direct Loans qualify.
In case the current loans don’t qualify, you are able to combine them in to a loan that is direct purchase to qualify for PSLF as well as other loan forgiveness programs under which Direct Loans qualify. But only payments made after consolidation shall count toward your re re payment responsibilities for forgiveness. Continue reading